State Treasurer Warns About Legal Implications of Increasing Payroll Tax on Teachers

by Laurel Killough on October 22, 2017

The most recent budget proposal out of the state legislature has caused State Treasurer Denise Nappier to issue a rare warning to legislators.

Nappier said the proposal in the budget to require teachers to pay a larger pension contribution “could result in significant tax liability for teachers” and “could jeopardize the tax-exempt status of the entire” Teachers’ Retirement Fund.

Tell legislators to remove the teacher tax from the budget before voting on it this week.

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